Diamines And Chemicals Stock Beneish M Score

DIAMINESQ   528.85  14.30  2.78%   
This module uses fundamental data of DIAMINES AND to approximate the value of its Beneish M Score. DIAMINES AND M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIAMINES AND CHEMICALS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
  
As of December 15, 2024, Net Debt is expected to decline to about (5.5 M). In addition to that, Short and Long Term Debt Total is expected to decline to about 2.4 M.
At this time, DIAMINES AND's M Score is inapplicable. The earnings manipulation may begin if DIAMINES AND's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by DIAMINES AND executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of DIAMINES AND's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.71
Beneish M Score - Inapplicable
Elasticity of Receivables

1.07

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.76

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.76

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.88

Focus
Financial Leverage Condition

1.08

Focus

DIAMINES AND Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if DIAMINES AND's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables157.4 M167 M
Notably Down
Slightly volatile
Total Revenue904.8 MB
Fairly Down
Slightly volatile
Total Assets1.3 B1.6 B
Significantly Down
Slightly volatile
Total Current Assets671.7 M750.7 M
Moderately Down
Slightly volatile
Non Current Assets Total583.2 M876 M
Way Down
Slightly volatile
Depreciation And Amortization22.2 M28.5 M
Significantly Down
Pretty Stable
Selling General Administrative22.9 M34 M
Way Down
Slightly volatile
Total Current Liabilities90.8 M102.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total44.2 M42.7 M
Sufficiently Up
Slightly volatile
Operating Income404.9 M396.7 M
Fairly Up
Very volatile
Total Cash From Operating Activities170.8 M219 M
Significantly Down
Slightly volatile
Short Term Investments335.2 M337.5 M
Slightly Down
Slightly volatile

DIAMINES AND CHEMICALS Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between DIAMINES AND's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards DIAMINES AND in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find DIAMINES AND's degree of accounting gimmicks and manipulations.

About DIAMINES AND Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

22.25 Million

At present, DIAMINES AND's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting.

About DIAMINES AND Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DIAMINES AND CHEMICALS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DIAMINES AND using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DIAMINES AND CHEMICALS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in DIAMINES Stock

DIAMINES AND financial ratios help investors to determine whether DIAMINES Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DIAMINES with respect to the benefits of owning DIAMINES AND security.